Detailed job description and main responsibilities
To hold regular meetings with budget holders to review their monthly financial position and discuss areas of over-spend and mitigations.
To ensure that budgets are accurate, maintained in the ledger and that a full audit trail exists for changes to budgets.
Closely working with the financial planning team, to develop improved systems and procedures for linking contract activity performance more explicitly with the division’s financial position in order to achieve more accurate interpretation of variances from plan and to support financial planning.
To co-ordinate and present monthly and periodic performance management reports for the division, including variance explanation and forecasts, in order to highlight required management action, particularly in relation to financial risk.
To review transactions continuously within divisions to ensure compliance with delegated limits and approved processes ensuring that where breaches have occurred that appropriate disclosure is made and action taken to prevent recurrence.
To assist Finance Business Partners with identifying and validating cost improvement programmes (CIPs) and monitoring the CIPs on a monthly basis and work with the Project Management Office to ensure the CIP tracker is kept up to date and reconciled to the ledger.
To assist the Financial Planning Team with the preparation of annual financial budgets for divisions and clearly understand the planned activity these resources are intended to support; to maintain budgets to reflect accurately the division’s activity, income and expenditure plans.
To ensure that all accounting adjustments are appropriately authorised and disclosed.
To take lead responsibility for training cost centre budget managers and ensuring all new staff in divisions receive training and access to reporting systems.
To liaise with clinical/corporate leads and managers to ensure that the divisional finance team delivers a service which meets the priorities and service requirements of the division.
To develop the training and knowledge of managers throughout the division on the Trust’s Standing Financial Instructions and core financial and budgetary procedures.
To support the Finance Business Partner to develop, update, and provide analysis/justification on the Division’s underlying financial position, identifying risks, non-recurrent benefits/charges, full year effects, and other adjustments.
To ensure effective communication throughout the division on the relevant and key issues for finance and contracting.
To deputise for the Finance Business Partner as and when required.
To represent the Divisional Management Team and Finance Business Partner in internal and external meetings as and when required.
Management of a Finance Manager, to ensure that the staff within the team are supported in developing professional skills, training and development.
To resolve employee grievances and disciplinary issues as appropriate.
Person specification
Education and Qualification
Essential criteria
- CCAB qualified (Consultative Committee of Accountancy Bodies)
Desirable criteria
- Educated to degree level
Experience
Essential criteria
- Experience in leading the full financial management cycle for a division or equivalent, including budget setting, savings plans, budget management and year-end accounts.
- Staff management or supervision.
Desirable criteria
- NHS acute teaching sector or Independent healthcare sector.
Skills and Knowledge
Essential criteria
- Evidence of achievement at a senior level.
- Ability to work in a multi-disciplinary environment.
- Evidence of leadership and motivational skills.
- Good interpersonal and communication skills.
- Highly experienced user of Excel and Word.
- Good report writing skills.
Desirable criteria
- Experienced user of Access or similar database systems.
- Experienced User of Reporting Systems (e.g. Business Objects, Crystal Reports, Qlikview).
- Oracle Financial Systems and related applications.
- Knowledge of patient administration systems.
Personal Qualities
Essential criteria
- Committed to continuing personal development.
- Good team player
- Knowledge and understanding of equal opportunities.
Important
- There may be some occasions when we have to close a vacancy earlier than the advertised closing date, this will be due to a high volume of applications. You are therefore advised to submit your application as early as possible to avoid disappointment.
- Please check your emails regularly (and your junk folder) as this is how we will communicate with you throughout the recruitment process.
- In submitting an application, you authorise the Trust to confirm any previous NHS service details via the Inter Authority Transfer (IAT) process, should you be appointed to the post.
- During the recruitment process your identity documentation (ie passport, driving licence, visa etc) will be scanned using a device which recognises UV, infrared and machine-readable zone security features of the documents provided.
- Employment at the Trust is offered subject to successful completion of a six month probationary period.
- Some roles may require weekend shift working across multiple sites
- We operate a joint recruitment hub across the North West London Acute Provider Collaborative Group. As part of this, your application and personal data may be shared with partner trusts within the group for recruitment and workforce purposes, in line with General Data Protection Regulation (GDPR)
Right to work
If you need sponsorship to work in the UK, please visit the Home Office website for information on sponsorship and visa status before you fill in your application form. Due to recent changes in the UK immigration rules which affect Skilled Worker Visas, Global Business Mobility, Higher Skill Level and Increased Salary Thresholds, please ensure that you are able to meet the requirements to live and work in the UK before applying. Further information about eligibility is available on
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